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26 July 2021 | 23 replies
I have one for an individual triplex, have an option on another empty lot, and own 3 contiguous properties with multiple lots that can be split or combined for up to a 75 unit/6 story building and in between so it's a tactic of mine to have projects in the queue and be able to hold/do something in a year or two once I clear past the capital gains timing.
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22 May 2021 | 0 replies
With tax rates set to rise for both Corporations and high earning individuals, now is the time to do strategic tax planning for the next few years.
29 May 2021 | 3 replies
.) -- you'll have a much better chance of approval as an individual for a residential mortgage (anything up to a quadruplex).
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31 May 2021 | 12 replies
:)Portfolio loans are now competing with conventional loans anyway in costs and you can hold title in your business entities easier.
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23 May 2021 | 4 replies
As many experts in the field have said, it often takes the work and corporation of a number of different individuals working together for a deal to be successful.
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10 August 2021 | 9 replies
@Jack CallinanBe mindful that owning a house-hack with more than one person(who is not a spouse) does add a lot of complexities to your return.First, since it is owned as tenants in common by two individuals that are non-spouses, you would each need to report the activity on your return.2nd, it is a house-hack - House hacking makes your tax situation more complex.You purchased a property that is treated as both an investment property and a personal residence.
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25 May 2021 | 8 replies
As many experts in the field have said, it often takes the work and corporation of a number of different individuals working together for a deal to be successful.
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19 June 2021 | 9 replies
Yes they are worth it, I am baised though as a mortgage broker.As a broker, I work with 50 different lenders who all compete to get your business.
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25 May 2021 | 5 replies
You should definitely charge those in case the individual shows up to pay what they owe.
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4 August 2021 | 7 replies
Looking forward to seeing your continued success, and of course always competing against you!